Tom Gores

Platinum Equity Acquires the Entire Business of Urbaser Group

Retrieved on: 
Thursday, June 10, 2021

Platinum Equity announced on June 6th, 2021 that it has entered into a definitive agreement with China Tianying (CNTY) to acquire the entire business of Urbaser Group.

Key Points: 
  • Platinum Equity announced on June 6th, 2021 that it has entered into a definitive agreement with China Tianying (CNTY) to acquire the entire business of Urbaser Group.
  • Tom Gores, founder and CEO of Platinum Equity, said Urbaser is a complex company, that is both vital service provider and important caretaker of the environment.
  • Platinum announced that Jos Mara Lpez Piol will continue to lead the Urbaser Group as CEO.
  • Claude Saint-Joly, Chairman and CEO of Urbaser Environnement (Urbaser France), said he was extremely pleased with this new momentum in the development of Urbaser Group.

Jalen Rose Leadership Academy Receives $1 Million Donation From Tom Gores

Retrieved on: 
Wednesday, March 10, 2021

DETROIT, March 10, 2021 /PRNewswire/ -- The Jalen Rose Leadership Academy (JRLA) announced today a $1 million donation from Tom Gores to support JRLA's continued growth and development.

Key Points: 
  • DETROIT, March 10, 2021 /PRNewswire/ -- The Jalen Rose Leadership Academy (JRLA) announced today a $1 million donation from Tom Gores to support JRLA's continued growth and development.
  • The school receives zero state funding for its facility and is eager to provide its scholars and staff with the facility they deserve.
  • "Tom and Holly Gores have been with us since the early days and their support has made our success possible," said Mr. Rose.
  • "Jalen and the team at JRLA have created an environment that is changing lives for students and their families in Detroit," said Mr. Gores.

The Jalen Rose Leadership Academy Celebrity Golf Classic Presented by Tom Gores & Platinum Equity Celebrates 10th Anniversary

Retrieved on: 
Thursday, August 27, 2020

DETROIT, Aug. 27, 2020 /PRNewswire-PRWeb/ --The 10th Anniversary of the Jalen Rose Leadership Academy (JRLA) Celebrity Golf Classic was held on August 24 in Detroit.

Key Points: 
  • DETROIT, Aug. 27, 2020 /PRNewswire-PRWeb/ --The 10th Anniversary of the Jalen Rose Leadership Academy (JRLA) Celebrity Golf Classic was held on August 24 in Detroit.
  • On the morning of Monday, August 24, the historic Detroit Golf Club hosted the 10th Anniversary of the JRLA Celebrity Golf Classic presented by Tom Gores and Platinum Equity.
  • Guests received a gift bag which included a commemorative 10th Anniversary Puma Bag and Golf Shirt along with other premium items.
  • Jalen Rose Leadership Academy (JRLA) is an open enrollment, public charter high school on the northwest side of Detroit.

100,000 PPE Masks Arrive In City Of Detroit Following Purchase By Pistons Owner Tom Gores

Retrieved on: 
Wednesday, April 15, 2020

DETROIT, April 15, 2020 /PRNewswire/ --100,000 PPE masks were delivered today for deployment and use by the City of Detroit, after Detroit Pistons owner Tom Gores announced he purchased the equipment earlier this week.

Key Points: 
  • DETROIT, April 15, 2020 /PRNewswire/ --100,000 PPE masks were delivered today for deployment and use by the City of Detroit, after Detroit Pistons owner Tom Gores announced he purchased the equipment earlier this week.
  • The surgical-grade masks arrived at a Detroit fire station in Eastern Market early this afternoon.
  • In partnership with the City of Detroit, the masks will be provided to Detroit police officers, firefighters, bus drivers and other city workers serving the public in order to help slow the spread of COVID-19.
  • Today's PPE delivery is an additional mechanism in which the organization is supporting metro Detroit during the COVID-19 crisis.

Pistons Owner Tom Gores Purchases 100,000 PPE Masks for City of Detroit

Retrieved on: 
Monday, April 13, 2020

DETROIT, April 13, 2020 /PRNewswire/ --Pistons owner Tom Gores and Detroit Mayor Mike Duggan announced today that Mr. Gores purchased 100,000 PPE masks for deployment and use by the City of Detroit.

Key Points: 
  • DETROIT, April 13, 2020 /PRNewswire/ --Pistons owner Tom Gores and Detroit Mayor Mike Duggan announced today that Mr. Gores purchased 100,000 PPE masks for deployment and use by the City of Detroit.
  • The surgical-grade masks will be provided to Detroit police officers, firefighters, bus drivers and other city workers serving the public in order to help slow the spread of COVID-19.
  • "First responders and city workers are on the front line of this crisis and they need our support now more than ever," said Mr. Gores.
  • Mr. Gores is making arrangements to have the masks picked up as soon as tomorrow from a supplier in New Jersey.

Pistons Owner Tom Gores Helps Toys for Tots Deliver More Than 10,000 Toys, Bicycles and Helmets to Michigan Families in Need

Retrieved on: 
Wednesday, December 4, 2019

"Giving families hope and a reason to smile during the holidays is so important," said Mr. Gores.

Key Points: 
  • "Giving families hope and a reason to smile during the holidays is so important," said Mr. Gores.
  • That's why we launched this effort 13 years ago and have been working with Toys for Tots for a decade.
  • The Gores family's partnership with Toys for Tots began in 2009 and has delivered over 100,000 toys to more than 37,000 children.
  • Gores, a Flint native, is Owner of the Detroit Pistons and Chairman and CEO of global private equity firm Platinum Equity.

Detroit Pistons Open New Training Facility And Corporate Headquarters In Midtown

Retrieved on: 
Tuesday, October 8, 2019

DETROIT, Oct. 7, 2019 /PRNewswire/ -- The Detroit Pistons today opened the Henry Ford Detroit Pistons Performance Center, a $90 million state-of-the-art training center and corporate headquarters in the New Center area of Detroit.

Key Points: 
  • DETROIT, Oct. 7, 2019 /PRNewswire/ -- The Detroit Pistons today opened the Henry Ford Detroit Pistons Performance Center, a $90 million state-of-the-art training center and corporate headquarters in the New Center area of Detroit.
  • Pistons owner Tom Gores lauded the Pistons homecoming and progressive alliance with Henry Ford Health System as beneficial for basketball, business and the City of Detroit.
  • "It's the best training facility in the league and will give our players and coaches an edge in maximizing their performance.
  • "With the opening of their new corporate headquarters and practice facility, the Pistons move back to Detroit is now complete," said Mayor Mike Duggan.

Angeles Equity Partners Announces Promotions

Retrieved on: 
Tuesday, February 19, 2019

We believe Sameer and Sam are accomplished investors with a demonstrated ability to connect with sellers and management teams, said Timothy Meyer Co-Founder and Managing Partner of Angeles Equity Partners.

Key Points: 
  • We believe Sameer and Sam are accomplished investors with a demonstrated ability to connect with sellers and management teams, said Timothy Meyer Co-Founder and Managing Partner of Angeles Equity Partners.
  • Sameer and Sam have been key contributors in the growth of Angeles Equity Partners, said Jordan Katz , Co-Founder and Managing Partner of Angeles Equity Partners.
  • Prior to joining Angeles Equity Partners, Mr. Patel was an investment professional at The Gores Group.
  • Prior to joining Angeles Equity Partners in 2016, Mr. Heischuber spent five years at Platinum Equity within the Lower Middle Market group.